Anand Prashad, Broker
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616 Ivy Avenue E, Saint Paul, MN 55101

$649,900
SQUARE FEET 6,658
MLS# 7127470
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Anand Prashad, Broker

Anand Prashad, Broker
Call: (612) 790-6080

STATUS: Active
PROPERTY TYPE: Commercial - Business
SCHOOL: St. Paul
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Property Description

Seven-unit apartment building in Saint Paul's Payne-Phalen neighborhood, built 1959, approximately 4,800 SF on an RM2 lot. All units are 1BR/1BA. Two units have been renovated by current ownership. Rear off-street parking pad installed, shared coin laundry, basement storage and an exterior shed. Seller has installed a new 200 amp electrical panel as of April 2025 in the laundry room for the entire building and all work was permitted. Very clean building with room to increase rents to market. Unit #1 has been approved for section-8 housing and the rest could also get approved if next owner wanted to.

616 Ivy Avenue E | MLS# 7127470

This commercial property located at 616 Ivy Avenue E, Saint Paul, MN 55101 is currently listed for sale with an asking price of $649,900. Ivy Avenue E is located within the St. Paul school district. Search Saint Paul real estate on aprashad.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Heating: Hot Water
Lot Size: 0.25 Acres
Roof Type: Age Over 8 Years, Asphalt, Pitched
Taxes: $11,758
Year Built: 1959

Feature Descriptions

Appliances: Exhaust Fan, Range, Refrigerator
Basement: Daylight/Lookout Windows, Finished
Current Use: Residential
Days on Site: 13
Foundation Size: 4800
Lot: Public Transit (w/in 6 blks)
Owners Expense: Fuel, Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
Parcel#: 202922430022
Parking: Concrete, Shared Driveway, Unassigned
Road Frontage: City Street, Curbs, Sidewalks
Sale Includes: Building, Leases
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity
Units: 7
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: St. Paul

Listed By / Shown By

Listed By

Agency Name: RE/MAX Results
Agency Phone: 612-314-1520

Shown By

Agent Name: Anand Prashad, Broker
Agent Phone: (612) 790-6080
Agency Title: Counselor Realty

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